L’Oreal (OTCMKTS:LRLCY) Hits New 1-Year High – Here’s What Happened

L’Oreal SA (OTCMKTS:LRLCY) shares hit a new 52-week high during trading on Friday . The stock traded as high as $91.88 and last traded at $91.82, with a volume of 7933 shares traded. The stock had previously closed at $90.79.

Wall Street Analyst Weigh In

LRLCY has been the subject of several research reports. JPMorgan Chase & Co. upgraded L’Oreal from an “underweight” rating to a “neutral” rating in a research report on Thursday, July 31st. Barclays cut L’Oreal from an “overweight” rating to an “underweight” rating in a research report on Tuesday, July 15th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

L’Oreal Price Performance

The company has a quick ratio of 0.81, a current ratio of 1.13 and a debt-to-equity ratio of 0.16. The company has a fifty day simple moving average of $86.78 and a 200-day simple moving average of $81.72.

L’Oreal Company Profile

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.